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Average Cost Method (AVCO) | Inventory Cost Flows

52,203 views

Accounting Stuff

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (CA)

Speech Time:

99%
  • 9:13 / 9:16

Speech Rate:

  • 146 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

estimate
noun verb

approximate calculation. To guess or calculate the cost, size or value of.

additions

/əˈdiSH(ə)n/

noun other

adding something to something. Act of adding some things; things that are added.

sometimes

/ˈsəmˌtīmz/

adverb

occasionally, rather than all of time.

available

/əˈvāləb(ə)l/

adjective

Able to be used at a scheduled time.

assumptions

/əˈsəm(p)SH(ə)n/

noun other

thing accepted as true or certain to happen. Some things you believe to be so, but aren't sure of.

average

/ˈav(ə)rij/

adjective noun verb

Typical or normal; usual; ordinary. Total of numbers divided by the number of items. amount to or achieve as average rate or amount over period of time.

inventory

/ˈinvənˌtôrē/

noun verb

List of items stored at a place. To list the things stored at a place.

remember

/rəˈmembər/

verb

have in or be able to bring to one's mind awareness of.

explain

/ikˈsplān/

verb

make idea or situation clear to someone by describing it in more detail.

opening

/ˈōp(ə)niNG/

adjective noun verb

initial. Action of starting something, e.g. a new business. To move or change so that it is no longer closed.

confusing

/kənˈfyo͞oziNG/

adjective verb

Being hard to understand. To make something unclear or hard to understand.

describe

/dəˈskrīb/

verb

give detailed account in words of.

closing

/ˈklōziNG/

adjective verb

bringing something to end. To come progressively nearer to something.

weighted

/wāt/

adjective verb

With an added advantage or disadvantage. hold something down by placing heavy object on top of it.

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